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senate, bottom line, here is why house republicans don't like this fiscal cliff deal. >> the senate bill failed miserably in cutting spending. i know that we can address that in debt limit. i think a lot of us believe that we have to address it today. >> and, of course, house republicans are being warned that this is a risky strategy. there has already been a threat from the democratic leadership saying if the republicans try to send this bill back with an amendment on it, they will not take it up so then they are saying that the house republican will be responsible for the largest tax increase in american history. rick? >> rick: mike, house democrats have been keeping up the pressure on house republicans. how have they been doing that? >> they point to the fact that this deal in the united states senate got 89 vote, which is very difficult to do and has polarized washington environment. vice president joe biden also up here today making a second trip to capitol hill in less than 24 hours. his messages house democratics, we need you to get behind the deal that he had negotiated bottom li
senate, bottom line, here is why house republicans don't like this fiscal cliff deal. >> the senate bill failed miserably in cutting spending. i know that we can address that in debt limit. i think a lot of us believe that we have to address it today. >> and, of course, house republicans are being warned that this is a risky strategy. there has already been a threat from the democratic leadership saying if the republicans try to send this bill back with an amendment on it, they will...
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Jan 3, 2013
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i'm laying off 20 people because of the deal on the fiscal cliff, because the deal on the fiscal cliff includes all the taxes on obamacare. >> small businesses, really, are in the cross-hairs here. they're in a lot of trouble. you know, it will, you would be real reluctant to grow your people more than 50 employees because of all the different laws, taxes and fiscal cliff, obamacare and things like that. i think one of the big problems, a lot of people don't realize, a lot of workers don't end up on medicaid and medicaid. that means up to 11 million workers end up on medicaid over the course of the next year or so. states can't afford that. first of all not the greatest of insurance policies if you will, but states imagine, 11 million more people on medicaid and states --. bill: huge burden. big price on that. obamacare taxes are in place now, matt, but the law doesn't go into effect for another year. >> but we're --. bill: when has this ever happened before? >> well, seeing changes already. that is kind of scary to me. we're 12 months out. what happenone year from now a lot of compani
i'm laying off 20 people because of the deal on the fiscal cliff, because the deal on the fiscal cliff includes all the taxes on obamacare. >> small businesses, really, are in the cross-hairs here. they're in a lot of trouble. you know, it will, you would be real reluctant to grow your people more than 50 employees because of all the different laws, taxes and fiscal cliff, obamacare and things like that. i think one of the big problems, a lot of people don't realize, a lot of workers...
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the president calls the fiscal cliff deal the victory. fine prohibit might suggest otherwise. >> that's right. because, first of all, this is going to add nearly $4 trillion to the debt. that's a big deal according to the congressional budget office, which is nonpartisan. the president had sort of campaign style video out there today. released under obama-biden letterhead that was basically saying it was a big victory for the american people because it reduces the deficit. even though in the long term debt is going to go up. number two the president talked about how this is going to ward them off for taxes. the tax policy center also nonpartisan had a study out today that said that actually 77% of america's households are going to see their actual taxes go up because of this deal. households making between 40 and $50,000 a year. taxes go up about $579. taxes go up $822. the reason is while the bush tax rates for the middle class were extended, the payroll tax cut was not extended. that was something that neither side did. so at the end of
the president calls the fiscal cliff deal the victory. fine prohibit might suggest otherwise. >> that's right. because, first of all, this is going to add nearly $4 trillion to the debt. that's a big deal according to the congressional budget office, which is nonpartisan. the president had sort of campaign style video out there today. released under obama-biden letterhead that was basically saying it was a big victory for the american people because it reduces the deficit. even though in...
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cliff deal actually sets up another fiscal cliff. here in two months, you guys -- you kicked the can down the road about 60 days where you'll have to address the sequester in 60 days. the gigantic defense and domestic cuts, and then have to do something about the debt ceiling, which, the good news for the republicans, is you've actually got some leverage over the president when it comes to then cutting spending. >> yeah, right. i've heard this story before. the fact is, steve, two months from now the president and the democrats in the house and the democrats in the senate are all going to be talking about higher corporate taxes or higher taxes somewhere on, quote, the rich, in order to pay for not having sequestration. you haven't heard it yet because the president wants to get to hawaii and finish his hometown vacation, but the fact is that you heard it last night on the floor when chairman camp tried to say, finally we brought finality to the taxes. of course, immediately 11 got up and said no, no, no, no. you're not done. there is
cliff deal actually sets up another fiscal cliff. here in two months, you guys -- you kicked the can down the road about 60 days where you'll have to address the sequester in 60 days. the gigantic defense and domestic cuts, and then have to do something about the debt ceiling, which, the good news for the republicans, is you've actually got some leverage over the president when it comes to then cutting spending. >> yeah, right. i've heard this story before. the fact is, steve, two months...
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Jan 1, 2013
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fiscal cliff deal puts kibosh on pay raises. it hasn't passed house so technically it is still on the table. >>> if the house passes the senate fiscal cliff bill we avoid going over the dairy cliff. this will prevent from milk prices doubling to nearly eight bucks a gallon the senate version of the bill extends the farm bill for another year, keeping current dairy programs in place. farmers allow people to focus on giving customers what they need. >> we have become more innovative. we're into the marketplace we have new products. we have lactose-free milk, low-fat, low sugar flavored milks. that is exactly what you're going to do now. what do you want a as consumer. we'll take care of you. juliet: house speaker john boehner has pushed back voting a new five-year farm bill for months saying it doesn't have the support it needs to pass. >>> brian, what's going on over there, buddy? brian: well, i'll trying to help a lot of american people. are you physicianed and faded out today because of wild new year's eve. do you feel you're h
fiscal cliff deal puts kibosh on pay raises. it hasn't passed house so technically it is still on the table. >>> if the house passes the senate fiscal cliff bill we avoid going over the dairy cliff. this will prevent from milk prices doubling to nearly eight bucks a gallon the senate version of the bill extends the farm bill for another year, keeping current dairy programs in place. farmers allow people to focus on giving customers what they need. >> we have become more...
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Jan 6, 2013
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the congressional budget office said the fiscal cliff deal still leaves about $900 billion a year in budget deficits and republicans say without significant spending cuts there will be no global confidence that this country will ever get their debt problem under control. >> when you have no more money in your ability and your credit cards are maxed out, then the spending must stop. that's the current financial reality facing america as we turn our attention to future discussions on the debt limit and the budget. we must identify responsible ways it tackle washington's wasteful spending. >> both the parties agree on the need to close loopholes in the tax system, tax reform that could create more revenue, but republicans want to use that additional revenue to lower the deficit and the president wants to use at least part of it for investments, he said, that are necessary to keep the economy growing. shannon. >> all right. live with the president in hawaii. thank you. >> fox news has learned new exclusive details about our military's role going forward in afghanistan. as president obama
the congressional budget office said the fiscal cliff deal still leaves about $900 billion a year in budget deficits and republicans say without significant spending cuts there will be no global confidence that this country will ever get their debt problem under control. >> when you have no more money in your ability and your credit cards are maxed out, then the spending must stop. that's the current financial reality facing america as we turn our attention to future discussions on the...
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Feb 24, 2013
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cliff deal. we don't need to raise taxes to fix sequestitration. way to put revenue is flatten the tax code and put entitlement reform. next time upon republicans should do revenue is when democratics will fix entitlementings. mr. president, have a legacy worthy of being president . do the big deal and quit playing small ball. >> senator, thank you for the courageous stand you have taken in keeping us from automatically confirming chuck hagel and john brennan without getting answers on bengazi. thank you for holding fast and i hope you will continue. >> we'll get to that the bottom of this, mike. thank you very much. >> the chinese government is denying it had anything to do with the hacking of over 100 american companies computer systems. how vulnerable are we. chairman . house intelligence commit eye mike rogers will tell us when we come back. >> go to my website mikehuckabee.com . follow my >> obama administration officials said the government is working on cyber security in the u.s. because o
cliff deal. we don't need to raise taxes to fix sequestitration. way to put revenue is flatten the tax code and put entitlement reform. next time upon republicans should do revenue is when democratics will fix entitlementings. mr. president, have a legacy worthy of being president . do the big deal and quit playing small ball. >> senator, thank you for the courageous stand you have taken in keeping us from automatically confirming chuck hagel and john brennan without getting answers on...
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bill: where is all the money raised by the fiscal cliff deal headed? why hollywood and train tracks might be the big winners here. how do you explain, that arthel? arthel: i don't know. but we'll explain it. bill: get your ticket. ♪ . [ ryon ] eating shrimp at red lobster is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differely. ♪ . bill: yes, there are some winners, some unexpected winners you could say after this deal. the joint committee on taxation reports hollywood gets $248 million to encourage film and tv production. producers can expense up to $1
bill: where is all the money raised by the fiscal cliff deal headed? why hollywood and train tracks might be the big winners here. how do you explain, that arthel? arthel: i don't know. but we'll explain it. bill: get your ticket. ♪ . [ ryon ] eating shrimp at red lobster is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any...
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Jan 9, 2013
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the agency had to wait for a deal on the if he is cal cliff befo -- fiscal cliff before programming computers and printing the forms. if you have a relatively easy tax reform you can file january 30th. the deadline is still april 15th. that does not get pushed back. most tile pers will g-- filers get theirs fairly soon. >> amazon the world's largest on-line retailer you didn't think it could get any bigger but it is expanding. >> right here nearby in new jersey it is building a distribution center slated to open next year and will add about 700 jobs and between 30 and $40 million in tax revenues for new jersey annually. they are not exempt on paying sales tax. they will have 7 percent sales tax starting this summer. >> what's the new news when it comes to the super bowl? >> we could stream the half time show. for the first time the popular half time show which many people watch the super bowl for this year featuring beyonce will be live streaming on the web february 3rd focusing on what viewers really want. they are not only streaming half time show but using different camera angles to watch
the agency had to wait for a deal on the if he is cal cliff befo -- fiscal cliff before programming computers and printing the forms. if you have a relatively easy tax reform you can file january 30th. the deadline is still april 15th. that does not get pushed back. most tile pers will g-- filers get theirs fairly soon. >> amazon the world's largest on-line retailer you didn't think it could get any bigger but it is expanding. >> right here nearby in new jersey it is building a...
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the pay roll tax cut was not addressed in the fiscal cliff deal. it funds social security . one of the crim nams pardoned by mississippi governor halle barber. wayne thurman thomas targeted for the sale of marijuana was shot twice in the legg. the friends said thomas was shot 7 time died in the hospital. no charges are filed yet and authorities are investigating that crime . in florida, the ultimate adrenalin rush. python challenge. they are devastating the eco system in the florida everglades. the state is offering prize money to kill those snakes. they are believed to have come from a breeding facility that was destroyed from hurricane andrew. for more log on to fox news.com. what is next for afghanistan. molly will be yoins us with the latest on this story. >> have you dreamed of going to outer space? we may have a chance to win the trip to the final frontierr. details are coming up in my interview with former astronaut and legend buzz aldrin. stay with us. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! c
the pay roll tax cut was not addressed in the fiscal cliff deal. it funds social security . one of the crim nams pardoned by mississippi governor halle barber. wayne thurman thomas targeted for the sale of marijuana was shot twice in the legg. the friends said thomas was shot 7 time died in the hospital. no charges are filed yet and authorities are investigating that crime . in florida, the ultimate adrenalin rush. python challenge. they are devastating the eco system in the florida everglades....
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Jan 7, 2013
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be very wary, because that is exactly what happened in the fiscal cliff deal. martha: nancy pelosi, entitlements, we did that. we already reformed entitlements when we did the health care bill. >> she was also agnostic where the money comes from which scares the heck out of me. martha: charles, happy new year. >> good to see you. bill: we loaded up a packed show. martha: thank you. bill: all the news comes rolling back. get ready to reach in your wallets and pay more for your health insurance. the new health care law was supposed to keep premiums under control. why are some states bracing for double-digit increases again? we'll tell you. martha: how about this. we'res facing one of the worst flu seasons in history. thousands reportedly in the hospital. why is it so bad this year? bill: it sure is bad. plus a melee empties out of a shopping mall. we'll show you video of a flashmob that went horribly wrong here. [shouting] eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not liste
be very wary, because that is exactly what happened in the fiscal cliff deal. martha: nancy pelosi, entitlements, we did that. we already reformed entitlements when we did the health care bill. >> she was also agnostic where the money comes from which scares the heck out of me. martha: charles, happy new year. >> good to see you. bill: we loaded up a packed show. martha: thank you. bill: all the news comes rolling back. get ready to reach in your wallets and pay more for your health...
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cliff deal. we do not need to raise taxes to take sequestration. the next time i would put revenue on the table, mike, to flatten the tax code, make it simple. make it fair. lower rates for entitlement reforms and the next time a republican should agree to do revenue when the democrats fix entitlements. do the big deal. mr. president, have a legacy worthy of being president. do the big deal. quit playing small ball. >> mike: senator, it's always a pleasure to have you and let me just close by saying thank you for the courageous stand you've taken in trying to cope us from just automatically confirming chuck hagel and john brennan without at least getting some answers on benghazi. thank you, sir, for holding fast and i hope you'll continue. [applause] >> it's great to have you here. >> we'll get to the bottom of this, mike, thank you very much. >> the chinese government is denying it had anything to do with the hacking of over 100 american companies's computer systems. how vulnerable are we to fur
cliff deal. we do not need to raise taxes to take sequestration. the next time i would put revenue on the table, mike, to flatten the tax code, make it simple. make it fair. lower rates for entitlement reforms and the next time a republican should agree to do revenue when the democrats fix entitlements. do the big deal. mr. president, have a legacy worthy of being president. do the big deal. quit playing small ball. >> mike: senator, it's always a pleasure to have you and let me just...
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>> the last fiscal cliff deal, he -- his chief of staff at the white house, he was involved in the negotiations. they went nowhere until senator mccog urged vice-president bide tone get involved. that's when an agreement was reached. it wasn't jack lew that reached that agreement. he also, when he agreed to the budget spending reductions as part of the budget control act, 18 months ago, he -- he proposed a budget, the next budget that they put forward, wiped out 60% of those cuts, even though he agreed to them in august and january, he was proposing to giving back 60% of them and spending more money -- >> greta: i guess it's pretty clear -- i guess it's pretty clear you have a strong opinion on this one? >> i really do. i can never forget that hearing. it was one of the most dramatic things i have ever participated in. when the office of management and budget looked us in the eye and insisted that they were correctly -- they were correct in saying their budget would have paid down the debt, when it did not. >> greta: senator, always nice to see you. thank you, sir. >> thank you, greta. >> greta
>> the last fiscal cliff deal, he -- his chief of staff at the white house, he was involved in the negotiations. they went nowhere until senator mccog urged vice-president bide tone get involved. that's when an agreement was reached. it wasn't jack lew that reached that agreement. he also, when he agreed to the budget spending reductions as part of the budget control act, 18 months ago, he -- he proposed a budget, the next budget that they put forward, wiped out 60% of those cuts, even...
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the rich paid more, but there were some people who got some good deals out of this fiscal cliff deal and it includes a bunch of hollywood producers who apparently received 430 million dollars in tax benefits, thanks to this extension of a tax benefit, i don't know if it's an expense rule, they allow them to expense up to 15 million dollars of costs in their projects. i don't know how it works, but hollywood got a 430 million dollar kiss from washington. is that, is that a president obama thanking his donors thing or is that something that we just do in every year because there's pressure from hollywood to do it? >> well, they have very powerful lobbying arm in washington and they are a big patron, the movie business, big patrons of the democratic party and of the president and this is what happens. and you mentioned nascar, you mentioned, i believe, the-- >> and 70 million dollar kiss and electric motorcycle makers are getting a 4 million dollar kiss from washington in this deal. >> and what happens when you run a crashed up freight train like this at the very end, and you do it wron
the rich paid more, but there were some people who got some good deals out of this fiscal cliff deal and it includes a bunch of hollywood producers who apparently received 430 million dollars in tax benefits, thanks to this extension of a tax benefit, i don't know if it's an expense rule, they allow them to expense up to 15 million dollars of costs in their projects. i don't know how it works, but hollywood got a 430 million dollar kiss from washington. is that, is that a president obama...
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. >> reporter: republicans that voted in favor of the fiscal cliff deal they were voting 90% of companies facing tax hike but the 2% that do face higher taxes and they have primary challenges against republicans in 2014. we have reached the debt ceiling but geithner says creative accounting can buy us a couple of months so the fight over the debt ceiling hike is likely to begin in a couple of weeks. >> jamie: there will be a looming battle over raising the debt ceiling and how much political capital does the president have left. john is economist and co-author of "who's counting?" sounds like the president is not willing to budge and majority leader says he is going fight for the finish. >> the president is looking at poll numbers that he is doing well and he got the better of the fiscal cliff debate. i think he is going for round two but the debt ceiling is different. he campaigned on balanced approach of spending restraint along with taxes increases on the wealthy. we just had the tax increases and not just top 2% but 78% of americans got a tax increase. that means your paycheck is goin
. >> reporter: republicans that voted in favor of the fiscal cliff deal they were voting 90% of companies facing tax hike but the 2% that do face higher taxes and they have primary challenges against republicans in 2014. we have reached the debt ceiling but geithner says creative accounting can buy us a couple of months so the fight over the debt ceiling hike is likely to begin in a couple of weeks. >> jamie: there will be a looming battle over raising the debt ceiling and how much...
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>> what was upsetting about the fiscal cliff deal is we got no spending cuts. things were done in the nth hour behind closed doors. i think the american public and certainly congress is frustrated with this deal making and these back room negotiations. this needs to be transparent and open. there needs to be a lively debate. i think on many of these issue, there has been a debate, a national debate regarding our spending that is out of control. we are here in the 13th congress to rein in spending, to do something about this debt that is crippling our children's future and to tackle the big issue, the hard issues like entitlement reform. >> you heard in the equal street journal article who is out with john boehner saying the president apparently told him unequivocally that spend something not a problem in this country. how do you combat it when the president appears not to be budging at all on that? >> we take it to the people. the american people know that we have a spending problem. they know the government needs to be limbed and too intrusive in their lives.
>> what was upsetting about the fiscal cliff deal is we got no spending cuts. things were done in the nth hour behind closed doors. i think the american public and certainly congress is frustrated with this deal making and these back room negotiations. this needs to be transparent and open. there needs to be a lively debate. i think on many of these issue, there has been a debate, a national debate regarding our spending that is out of control. we are here in the 13th congress to rein in...
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with the fiscal cliff. we heard tonight already mike eman yell and ed henry talk about this legislation that passed the senate overwhelmingly and some of the sticking points that the house conservatives have had throughout the day. now, white house correspondent wendel goeller takes an in depth look. >> the bill as amended is passed. >> the senate deal passed with overwhelming bipartisan support, extending the bush era tax cuts for families making less than $450,000 a year and making the lower rates permanent, something former president bush was unable to do because he wasn't able to get two thirds of the stat to go along. that part most republicans are happy with. >> makes some things permanent in the estate fax area and permanent fix to the amt. there are some actual things we like about it. >> the deal saves 30 million people from having to pay the alternative minimum tax by indexing it to inflation. it raises the death tax but the payroll tax will go back to 6.2% an increase willle cost a worker making
with the fiscal cliff. we heard tonight already mike eman yell and ed henry talk about this legislation that passed the senate overwhelmingly and some of the sticking points that the house conservatives have had throughout the day. now, white house correspondent wendel goeller takes an in depth look. >> the bill as amended is passed. >> the senate deal passed with overwhelming bipartisan support, extending the bush era tax cuts for families making less than $450,000 a year and...
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Jan 5, 2013
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that the fiscal cliff deal does raise it on whatever the top 2%. but, everybody's taxes who gets a paycheck are going up because the payroll tax break, expired on january 1st, so your payroll taxes go up from i think 4.6 to 6.6% now from your paycheck. >> not just because of that loopholes have been closed for deductions on people earning way below $450,000. way below. to middle class level. the average person is going to pay more taxes. >> never on the table. the payroll tax was never on the table as part of the negotiations. our own griff jenkins has more on exactly how much we are going it pay. did you check your paycheck today? you may want to. every american for that matter. it's 2% less than it was last week. that's right u as part of the fiscal cliff the payroll tax rose from 4.2% to 6.2% today. it effects every working american. >> so, peter, what's all this mean? >> well, the last two years washington agreed to cut from 6.2% to 4.2% that cost the government will $100 billion a year in rev now so now the government has raised that back up.
that the fiscal cliff deal does raise it on whatever the top 2%. but, everybody's taxes who gets a paycheck are going up because the payroll tax break, expired on january 1st, so your payroll taxes go up from i think 4.6 to 6.6% now from your paycheck. >> not just because of that loopholes have been closed for deductions on people earning way below $450,000. way below. to middle class level. the average person is going to pay more taxes. >> never on the table. the payroll tax was...
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>>gregg: look at this, brand new polls showing no real political winners emerging from the fiscal cliff deal. 43 percent approve. 45 don't. 12 percent have no opinion. when you break the numbers down, they are along party line, two-thirds of democrats aprove and two-thirds of republican disapprove, and our political insiders are here. they don't agree with those folks. john leboutillier, former republican congressman from new york, and form pollster for president jimmy carter, doug pat caddell, and doug schoen. >> looking as you did, the democrats approved 2-1, and the republicans object 2-1. that is the score. this is a huge victory for the democrats. a huge victory for the president. it doesn't solve the problem. it does what president obama said he was going to do which is raise taxes on the wealthy. democrats are happy. republicans got rolled. >>gregg: does boehner have mud on his face? >> it was a total slaughter despite some things i said, someone wrote or suggested they got what they wanted. look, the bigger loser was the american people by a long shot. this deal is a raping of t
>>gregg: look at this, brand new polls showing no real political winners emerging from the fiscal cliff deal. 43 percent approve. 45 don't. 12 percent have no opinion. when you break the numbers down, they are along party line, two-thirds of democrats aprove and two-thirds of republican disapprove, and our political insiders are here. they don't agree with those folks. john leboutillier, former republican congressman from new york, and form pollster for president jimmy carter, doug pat...
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Mar 11, 2013
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if he had been we wouldn't have the quote unquote fiscal cliff deal, spending cuts and now he wants more tax revenue. we would not have a debt and deficit where it is and you know, it's interesting statistic that just came out today, 25% of washington d.c. is on food stamps. we have more people on food stamps than the entire country of spain. if he was bipartisan, he would have been talking to the house g.o.p. about how do we go back to have an opportunity society not a dependency society. >> megyn: his supporters point out obamacare, you mentioned obamacare, he wanted it to be more of a single payer situation, but wound up coming the more moderate view, we won't do that and talk about how not this last go round, but a couple of years earlier he did extend the bush tack cuts and sort of kept those in place a couple more years. they say he's been more toward the middle, but no one has been there to meet him. >> even with the bush tack cuts. we should not be looking at raising taxes on anyone whatsoever. when you look at what is happening with a 3.6% decrease in household family incomes, t
if he had been we wouldn't have the quote unquote fiscal cliff deal, spending cuts and now he wants more tax revenue. we would not have a debt and deficit where it is and you know, it's interesting statistic that just came out today, 25% of washington d.c. is on food stamps. we have more people on food stamps than the entire country of spain. if he was bipartisan, he would have been talking to the house g.o.p. about how do we go back to have an opportunity society not a dependency society....
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in very partisan time he was the key player in getting the fiscal cliff deal done but he does not have the fund-raising ability or the persona that hillary clinton does. but, clearly, hillary clinton is aiming to run. she recently joined twitter. it is going to happen unless there's a health issue. gregg: does biden have image problems? he has the old dan quayle, foot-in-mouth disease and constant gaffe loop the rnc runs on their website. >> right. that got him in trouble when he ran in 2008. also ran once before in 198. but he is likeable. that is the one thing voter do like. if you go back to iowa, hillary clinton finished third in iowa but joe biden got less than 1% in 2008. so the chances of abiden candidacy i think are slim unless hillary decides she is not going to run. >> she may be the favorite but she is also the leading unfavorite if you will. and let's put it up on the screen. she is number one when voters are asked which candidate they would least like to see win the nomination. and in fact, joe biden does better. why is that? is that because fundamentally she tend to be a
in very partisan time he was the key player in getting the fiscal cliff deal done but he does not have the fund-raising ability or the persona that hillary clinton does. but, clearly, hillary clinton is aiming to run. she recently joined twitter. it is going to happen unless there's a health issue. gregg: does biden have image problems? he has the old dan quayle, foot-in-mouth disease and constant gaffe loop the rnc runs on their website. >> right. that got him in trouble when he ran in...
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the fiscal cliff deal will raise $41 billion next year. raising people's taxes will harm economic growth and likely result in less revenue than we can get through growing our economy. gregg: what if you're only taxing high income wage earners for example? for example the president wants to make those earning more than a million dollars pay at least 30% of their income in taxes and 28% on cap on deductions for high earners. what about that? what is wrong with that? you're only hitting that one small sector? >> but that one small sector is comprised of small to medium-sized businesses that report their business income through the individual tax return. those are the innovators. those are the job creators. those are the people that we really are relying on to grow our economy. so you harm economic growth and, i hope i proved that economic growth is going to be far more effective at really increasing revenue and reducing deficits than punishing success. unfortunately this president doesn't understand that. listen, i'm glad he is trying to take
the fiscal cliff deal will raise $41 billion next year. raising people's taxes will harm economic growth and likely result in less revenue than we can get through growing our economy. gregg: what if you're only taxing high income wage earners for example? for example the president wants to make those earning more than a million dollars pay at least 30% of their income in taxes and 28% on cap on deductions for high earners. what about that? what is wrong with that? you're only hitting that one...
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this was extended as part of the fiscal cliff deal. one in five taxpayers miss it. it's worth a lot depending on how much income, your marital status. the average person who claims it, it is worth an average of over $2,000 and could be worth $6,000 if you've got three more qualifying children. this is a big credit. if you want to find out if you qualify, the i.r.s. has assistance. >>gretchen: if you forget, the i.r.s. doesn't call and say let's help you out. >> job-hunting costs, i found this one interesting because even if you don't secure a job, when you're hunting, you can still write off -- there's always ifs, ands, buts or maybe. but if you looked for a job in the same line of work in 2012 and write off your return. that's one thing. even if you didn't land a job, your job search was unsuccessful, you can still take that. >>steve: everybody knows charitable deductions are deductible. but out of pocket, what you're talking about is let's say you're going to make some meat loaf for a homeless shelter, you're going to take them down? >> that is exactly right. peop
this was extended as part of the fiscal cliff deal. one in five taxpayers miss it. it's worth a lot depending on how much income, your marital status. the average person who claims it, it is worth an average of over $2,000 and could be worth $6,000 if you've got three more qualifying children. this is a big credit. if you want to find out if you qualify, the i.r.s. has assistance. >>gretchen: if you forget, the i.r.s. doesn't call and say let's help you out. >> job-hunting costs, i...
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the president got one of those back in scan in the fiscal cliff deal with attacks increase hit about 77% of people who pay taxes because the payroll tax holiday went away. that its basically what the president wants, more taxes, a little fiddling around the edges on entitlements and a higher deficit. this is a key thing that sally can't deny, it's in black-and-white in various graphs in the budget itself. a higher deficit than we would have if we just did nothing. that's what he wants for the rest of his administration. jenna: why would we want that, sally? >> i would remind rich that paul ryan's house budget proposal also would increase the deficit. >> no it eliminates it in ten years, that's untrue, the ryan budget eliminates the deficit in ten years, and your party spent u know, a year or more demagogging the heck out of him over that, and to deny that he does that now is unbelievable. >> there is a fundamental disagreement we have in this country and that rich and i certainly have about the role of government at this moment in the economy. you have private corporations that are s
the president got one of those back in scan in the fiscal cliff deal with attacks increase hit about 77% of people who pay taxes because the payroll tax holiday went away. that its basically what the president wants, more taxes, a little fiddling around the edges on entitlements and a higher deficit. this is a key thing that sally can't deny, it's in black-and-white in various graphs in the budget itself. a higher deficit than we would have if we just did nothing. that's what he wants for the...
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may have averted a fiscal cliff but keep an eye on your 401(k). major companies are reporting those all important fourth quarter earnings reports this week and the markets are watching closely. is sandra smith joins us live from the fox business network here in new york with a look what you can expect. sandra? >> reporter: jon, the markets are watching closely as the dow is down after that huge rally to start the year last week. well this is the second trading week of the year and corporate earnings will be coming out this weekend. this will be a major test for the markets. so the s&p 500 by the way which is a gauge of the broader stock market, it hit a five-year high and now we've got some of the world's biggest companies reporting earnings. apple, which is the most valuable company out there by market cap, we all know that one, it had its price target slashed by barclays analysts today heading into corporate earnings season. so apple reacting to that news today. applied materials, this is a big chipmaker for computer companies, jpmorgan downgrad
may have averted a fiscal cliff but keep an eye on your 401(k). major companies are reporting those all important fourth quarter earnings reports this week and the markets are watching closely. is sandra smith joins us live from the fox business network here in new york with a look what you can expect. sandra? >> reporter: jon, the markets are watching closely as the dow is down after that huge rally to start the year last week. well this is the second trading week of the year and...
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and remember in the fiscal cliff deal, a huge carve out to the wind industry. he wants it both ways and republicans are finally realizing that, but i think that the public is going to come around to the fact that week cut 85 billion dollars out of the budget and the world will not end. >> tucker: i'll clarify when you say that the president raised taxes and he did and cut nothing from government, and that's true, congressman had a solution. appreciate it. the rundown candy easter eggs recalled, what to do before they're in your kid's baskets. and a player who wants to get back into the game, almost 40 years old. can he make the improbable comeback with the help of a reality show? josh, you see him next. ♪ put me in coach, i'm ready to play today ♪ ♪ look at me, i can see center field ♪ [ male announcer ] how do you measure happiness? by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> if josh lands a spot
and remember in the fiscal cliff deal, a huge carve out to the wind industry. he wants it both ways and republicans are finally realizing that, but i think that the public is going to come around to the fact that week cut 85 billion dollars out of the budget and the world will not end. >> tucker: i'll clarify when you say that the president raised taxes and he did and cut nothing from government, and that's true, congressman had a solution. appreciate it. the rundown candy easter eggs...
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early this morning passed overwhelmingly in the senate to deal with the fiscal cliff. joining me on capitol hill our chief congressional correspondent mike. this has been a tense back and forth as republicans have considered all day how to move this forward. they spent a lot of hours behind closed doors trying to figure out the way forward. what we heard from members is essentially they did not like the idea that this senate bill doesn't cut spending. a lot of them feel like they were elected and brought to washington to cut spending, to get a control on all the government spenting that goes on. and bottom line is is that this bill that the senate hammered out. senate republican leader mitch mcconnell ham medicine out with the vice president of the united states has $626 billion in new tax revenue but only some $15 billion in spending cuts. and so essentially $41 of new taxes for every dollar of spending cut. and so a lot of the republicans were telling their leaders that they don't like this bill. they think it's a bad deal. they should tack on an amendment spending c
early this morning passed overwhelmingly in the senate to deal with the fiscal cliff. joining me on capitol hill our chief congressional correspondent mike. this has been a tense back and forth as republicans have considered all day how to move this forward. they spent a lot of hours behind closed doors trying to figure out the way forward. what we heard from members is essentially they did not like the idea that this senate bill doesn't cut spending. a lot of them feel like they were elected...
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with the fiscal cliff deal done with revenue, the next big battle coming up and three significant deadlines the end of february shall the debt ceiling battle has to take place, the beginning of march, sequester kicks in end of march and we're going to be talk as you saw with chris van holland and newly minted senator ted cruise. he's one of the people who has to vote up or down on hagel and find out what he nis about him. and his prescriptions for fixing the republican party. should the republican party trend more to moderate, a demographic shift or should conservatives retrench and stick to party ideals and we'll find out what cruz thinks the republican party stands for. >> alisyn: john, you only have an hour, i don't know how you're going to do that on a fox news sunday. >> the same way you folks do it, alisyn, talk quickly. >> clayton: kill the commercial breaks. >> alisyn: i like that. >> clayton: and by the way, go ahead, tucker, great job, good to see you on the show this morning. >> tucker: thanks, john, appreciate that. >> thanks. >> alisyn: we'll be watching. >> clayton: coming up
with the fiscal cliff deal done with revenue, the next big battle coming up and three significant deadlines the end of february shall the debt ceiling battle has to take place, the beginning of march, sequester kicks in end of march and we're going to be talk as you saw with chris van holland and newly minted senator ted cruise. he's one of the people who has to vote up or down on hagel and find out what he nis about him. and his prescriptions for fixing the republican party. should the...
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we don't deal in cliches here. fiscal cliff for the lake superior university, no more fiscal cliff. kick the can down the road. double down, job creators, yolo, i don't know what that is, spoil alert. super food, guru. any of those? >> fiscal cliff, it was not the phrase it was the phrase worked. >> bill: you use it 87,000 times? >> the process went on for 87,000 years. i don't know canadian university wants to ban these words. kick the can down the road. that actually works. >> bill: i never said it. kick the can down the road budget problems, pinheaded debates, armageddon. >> the word that drove me crazy, caution. [ laughter ] >> i hear it every day. every day from this guy. calls, when i hear i go nuts. there is guy going like this. >> bill: you realize that gut field is making his last appearance. what is boneless wings. >> that is chicken wings without the bone. it's now on menus. it's disgusting. yolo is you only live once. that an internet thing. >> for a lot of people that is once too many. >> bill: what is yolo? >> the life. kids use that. >> yolo. >> when something is stup
we don't deal in cliches here. fiscal cliff for the lake superior university, no more fiscal cliff. kick the can down the road. double down, job creators, yolo, i don't know what that is, spoil alert. super food, guru. any of those? >> fiscal cliff, it was not the phrase it was the phrase worked. >> bill: you use it 87,000 times? >> the process went on for 87,000 years. i don't know canadian university wants to ban these words. kick the can down the road. that actually works....
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cliff. the new years day deal represents the biggest tax increase the country has seen in 20 years, all in return for billions of dollars in new spending and spun of course, as a tax cut for the middle class. here with a look at what it it means for your pocket book, and the u.s. economy in 2013, wall street journal columnist and deputy editor dan henninger, mary o'grady and steve moore. let's go to you first, steve. based on our conversations this week, you like this deal a little more than do i. why don't you make the best case for it, for the deal? >> well, paul, this was for republicans a kind of eat your spinach moment. i just don't see any other alternative to what happened. and look, i think this is a rancid deal for so many reasons, especially the fact i think it's harmful to the economy. i guess my point, paul, would be i don't see republicans had much choice. i mean, you talk to john boehner and you talk to mitch mcconnell for six, seven weeks the president would simply not budge o
cliff. the new years day deal represents the biggest tax increase the country has seen in 20 years, all in return for billions of dollars in new spending and spun of course, as a tax cut for the middle class. here with a look at what it it means for your pocket book, and the u.s. economy in 2013, wall street journal columnist and deputy editor dan henninger, mary o'grady and steve moore. let's go to you first, steve. based on our conversations this week, you like this deal a little more than do...
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that fiscal cliff. the irs acting commissioner says the new date gives the agency time to update and test its processing systems. the insurance giant that got a 182 billion-dollar bailout from a taxpayers may soon be suing the u.s. government over the deal. that's the thank you. and it's just started airing tv ads that say thank you, america for the bailout. the board of aig or american international group meets tomorrow to decide whether it will join the former ceo hank greenberg in his lawsuit against the new york fed. greenberg claims the fed used the bailout to save wall street banks at the expense of shareholders. he also calls the fed a lone shark claiming it charged excessively high interest rates. the current a.i.g. ceo says a.i.g. has paid back its debt to america with a profit and we mean it when we say thank you to the american people. at the same time, the board of directors has fiduciary and legal obligations to the company and its shareholders to consider the demand services on us and resp
that fiscal cliff. the irs acting commissioner says the new date gives the agency time to update and test its processing systems. the insurance giant that got a 182 billion-dollar bailout from a taxpayers may soon be suing the u.s. government over the deal. that's the thank you. and it's just started airing tv ads that say thank you, america for the bailout. the board of aig or american international group meets tomorrow to decide whether it will join the former ceo hank greenberg in his...
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we saw with the fiscal cliff fiasco and seems like everything in recent memory. republicans are saying they want spending cuts attached to some deal and democrats say spending cuts should be a different issue. >> if you raise the debt ceiling by a dollar, cut spending by a dollar. that is the way to go forward and we need a budget. our democratic friends haven't passed a budget in three years. >> the debt ceiling is about spending that has already occurred. you are going to say i'm not going to pay my bills unless you stop being stuff? well, then stop buying stuff so you don't have future bills but right now we have to pay the bills that have been incurred. >> shepard: the president said on saturday that he will not compromise over raising the debt ceiling. won't even put that on the table. shannon bream with the news live in washington this afternoon. how you is this strategy work out for republicans, shannon? >> shannon: the president says if they refuse everyone from business owners to average americans will suffer but republicans are calling his bluff saying
we saw with the fiscal cliff fiasco and seems like everything in recent memory. republicans are saying they want spending cuts attached to some deal and democrats say spending cuts should be a different issue. >> if you raise the debt ceiling by a dollar, cut spending by a dollar. that is the way to go forward and we need a budget. our democratic friends haven't passed a budget in three years. >> the debt ceiling is about spending that has already occurred. you are going to say i'm...
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. >> if he doing his job on any of the issues, it is the same story, the fiscal cliff, everything. they could have gotten a deal. he didn't work to it. he went out and starting railing against everyone. we have a political crisis in this country, you saw it with the data that shows government doesn't work. we did not get a deal on guns, miles per gallon is a problem, terrorism is an issue. >>gregg: bill clinton would have been on the phone in the middle of the might and gotten this passed. >> he was a can do president and gingrich a can-do speaker. >> that is a democratic president getting things done with a republican congress. this guy has a democratic senate and he can't get the bill through. >> he doesn't apply himself. he looks for political issues. i didn't say he was lazy he does public posturing and thinks he is doing something. >> no one puts the greater good first. >>gregg: he is addicted to the teleprompter. >> he should go see his idol "lincoln" where he would dig up dirt on congress and squeeze them. but he achieved the end through whatever means necessary. >> right no
. >> if he doing his job on any of the issues, it is the same story, the fiscal cliff, everything. they could have gotten a deal. he didn't work to it. he went out and starting railing against everyone. we have a political crisis in this country, you saw it with the data that shows government doesn't work. we did not get a deal on guns, miles per gallon is a problem, terrorism is an issue. >>gregg: bill clinton would have been on the phone in the middle of the might and gotten this...
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cliff talks. and after boehner walked away. he basically ended one a deal he didn't like much. and boehner today put out a statement, saying quote: in the end the president got his tax hikes on the wealthy with no corresponds spending cuts. at some point we need to solve our spending problem and what the president has offered would leave with us a budget that never balances. so basically the republicans are saying look, you already got tax increases at the beginning of the yearenned n. that fiscal cliff situation. why does there need to be more tax hikes now especially today when there was a jobs report that suggested the economy still needs some goosing, jon. >> jon: ed henry at the white house. thanks, ed. >> thank you. >> jon: analysts say the president wants to put the budget battles behind him so he can focus on other issues like immigration. the house and senate are, woulding on separate reform bills. lawmakers say we could get a look at the plans as soon as next week. aides tell us both bil
cliff talks. and after boehner walked away. he basically ended one a deal he didn't like much. and boehner today put out a statement, saying quote: in the end the president got his tax hikes on the wealthy with no corresponds spending cuts. at some point we need to solve our spending problem and what the president has offered would leave with us a budget that never balances. so basically the republicans are saying look, you already got tax increases at the beginning of the yearenned n. that...
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the fiscal cliff issues, lew could be a good fit. >> and i think, i think jack is a very experienced fellow on the issues of debt and deficits and budgets. and so if the president and the administration are thinking that that's where they're going to need vigorous assistance and direction early in the new administration, i think that, that then is a very good choice. >> reporter: the president is scheduled to formally nominate lew at a ceremony here at the white house at 1:30 eastern time. jenna: what kind of confirmation battle do we expect? we talk about the battles for brennan, for example, or senator hagel. what about jack lew? >> reporter: this one could be interesting as well. republicans on the hill are trying to define lew as what they call a classic big government liberal. he has always fought them on trying to get much-needed spending cuts through, something which is a bone of contention endlessly here in washington. jeff sessions says jack lew must never be secretary of treasury. he says lew gave testimony before the committee in two years ago that, in his words, were so f
the fiscal cliff issues, lew could be a good fit. >> and i think, i think jack is a very experienced fellow on the issues of debt and deficits and budgets. and so if the president and the administration are thinking that that's where they're going to need vigorous assistance and direction early in the new administration, i think that, that then is a very good choice. >> reporter: the president is scheduled to formally nominate lew at a ceremony here at the white house at 1:30...
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all of this just a week after the fiscal cliff fiasco. shannon bream in washington tonight. here we go again. what are we getting in the way of an inside look at the fiscal cliff talks? >> well, shep, in a wide ranging interview with the "wall street journal" house speaker john boehner talked about what really happened a couple weeks ago. quote one week several weeks ago the president said to me we don't have a spending problem. he said he was stunned and continued to press the point and said the president then told him quote i'm getting tired of hearing you say that boehner also says he will no longer do closed door one-on-one talks with mr. obama calling them futile. response to the boehner claims and so far shep we have not gotten one. >> we got tax increases on some americans and it sounds like there may be more to come? >> depends on whom you ask. here is senate minority leader republican mitch mcconnell. >> the tax issue is finished, over, completed. that's behind us. now the question is what are we going to do about the biggest problem confronting our country and our
all of this just a week after the fiscal cliff fiasco. shannon bream in washington tonight. here we go again. what are we getting in the way of an inside look at the fiscal cliff talks? >> well, shep, in a wide ranging interview with the "wall street journal" house speaker john boehner talked about what really happened a couple weeks ago. quote one week several weeks ago the president said to me we don't have a spending problem. he said he was stunned and continued to press the...
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cliff new year's eve deal for two months and they're set to go online for march 1. he will suddenly turn around in february and ask the congress with less than a month to go to come up with a replacement for these cuts. we don't know if he has a plan of his own in writing or whether he will urge the two parties to come together to replace the cuts no one has been able to more than a year and a half. jon: seems like we keep getting smaller and smaller in our outlook. sequestration was supposed to take place at the first of the year. we pushed it back a few months. now they will nibble at the edges of it again, i guess? >> well the president saw the numbers, the economic data out last week showing new contraction in the fourth quarter that really is going to hamper growth in 2013. he is looking at the sequestered cuts knowing that the estimates are half a percentage point. that growth, a real hit to consumer demand, this will be on his shoulders no matter what domestic agenda he is talking about, gun control, immigration reform or anything else. so he will be under pr
cliff new year's eve deal for two months and they're set to go online for march 1. he will suddenly turn around in february and ask the congress with less than a month to go to come up with a replacement for these cuts. we don't know if he has a plan of his own in writing or whether he will urge the two parties to come together to replace the cuts no one has been able to more than a year and a half. jon: seems like we keep getting smaller and smaller in our outlook. sequestration was supposed...
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here we had the fiscal cliff, the reason we had the fiscal cliff was because this was such a terrible prospect that they of course, our leaders would find some way to avoid it, and we went up over the cliff before they finally made a deal and really didn't deal with the problem at all, they dealt with the faxes, but that certainly didn't deal with the debt issue. we know we're going to have three more nights over the debt limit and sequestration and the government running out of money. why would you be optimistic? bill: some are suggesting we're bouncing off the pwot tomorrow if yobottom if you look at home construction in america. but we have been flat on our back for some time. republicans in congress are huddling in williamsburg, virginia as we speak. judd gregg said this with regard to the fiscal cliff here. the fiscal cliff experience should have shown the house republicans that taking a hostage you cannot shoot is not a good tactic. that's a republican talking. so what are they saying as they gather on this winter retreat today? it's interesting, we got one piece of news from pa
here we had the fiscal cliff, the reason we had the fiscal cliff was because this was such a terrible prospect that they of course, our leaders would find some way to avoid it, and we went up over the cliff before they finally made a deal and really didn't deal with the problem at all, they dealt with the faxes, but that certainly didn't deal with the debt issue. we know we're going to have three more nights over the debt limit and sequestration and the government running out of money. why...
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think about the fiscal cliff we talked about at the beginning of the year. that wasn't a cliff they had a year to deal with the tax rate, by building up the momentum and the pressure and drama up to the deadline, remember, they hadn't done anything, nothing would have happened. they had all year to do the tax code, but he used the drama of the moment to get the republicans to do what he wants. >> megyn: now we see similar messages from washington and stand with the first responders behind him and we're going to be unsafe at our homes and delayed at the airport and all of these bad things because after deal he proposed and signed into law and the republicans are just as guilty and they're just as guilty, but you know, he would have us believe that they're only guilty. they're the only ones guilty and everyone is guilty except for chris stirewalt, he and bret baier we don't have to blame. >> we're clean on this one. >> megyn: thank you. >> thank you, ma'am. >> megyn: i don't know, are they guilty or to be thanked? a lot of people think even though the budget c
think about the fiscal cliff we talked about at the beginning of the year. that wasn't a cliff they had a year to deal with the tax rate, by building up the momentum and the pressure and drama up to the deadline, remember, they hadn't done anything, nothing would have happened. they had all year to do the tax code, but he used the drama of the moment to get the republicans to do what he wants. >> megyn: now we see similar messages from washington and stand with the first responders behind...
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we'll talk about this new fiscal cliff. we'll talk about the continuing resolution to continue to fund government. we'll be talking about lifting the debt ceiling a number about issues that the administration has to deal with immediately now on questions of spending and size and scope of government that will coincide with these confirmation hearings. there is no question in my mind that republicans are going to focus heavily on those issues with jack lew who has experienced at the office of management and budget before he became chief of staff to the president and wants to be elevated to treasury secretary. that will be the focus. i think they will try to frame him as really the face of the administration's handling of debt and deficits over the first term. bill: simple question in this too, what would you cut? where are your spending cuts? >> yeah. bill: put them on the table. how would you balance the budget? how would you get control of out of control debt? >> exactly. in particular, entitlement spending. we haven't had
we'll talk about this new fiscal cliff. we'll talk about the continuing resolution to continue to fund government. we'll be talking about lifting the debt ceiling a number about issues that the administration has to deal with immediately now on questions of spending and size and scope of government that will coincide with these confirmation hearings. there is no question in my mind that republicans are going to focus heavily on those issues with jack lew who has experienced at the office of...
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cliff negotiation period that's it. it is interesting the presidentpresident made a calculation if they don't make the deal they can't sell it to the membership. it is support from the grass-roots of republicans in congress. >> isn't the question what took so long? why were there four years where these guys were not having lunch together and not having dinner and not talking to each other? >> in fairness to both sides the president was meeting and has the several sets of negotiations with john boehner -- the speaker in the house and majority that met also with mcconnell. he hasn't met with rank and file. i think some people in the white house would say he was late to come to the realization that he had to deal with the rank and file not just with the leaders. we will be talking with paul ryan at the top of the hour. also talking about jeb bush about his controversial plan and leaving the door open for a possible run for president in 2016. >> he will announce his bid for presidency on your show today. >> i will make a be
cliff negotiation period that's it. it is interesting the presidentpresident made a calculation if they don't make the deal they can't sell it to the membership. it is support from the grass-roots of republicans in congress. >> isn't the question what took so long? why were there four years where these guys were not having lunch together and not having dinner and not talking to each other? >> in fairness to both sides the president was meeting and has the several sets of...
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in the meantime, this fiscal cliff discussion, i don't know if we've had a chance to talking to since then. i know i haven't. where do you stand on how the republicans did that deal and apparently now they're drawing a line in the sand against spending new tacks although nancy pelosi said the tax fight ain't over, yet we haven't talked about the spending problem. >> well, the point about the cliff or that belaboring the point, republicans lost ground in the house. they lost seats in the senate. they shouldn't have lost. they lost the presidency. so the idea that the republicans were going to be able to stand in the way of taxes going up wasn't going to happen. we can wish that, but it's not going to happen. but now i think you're seeing signs of life in the republican party. both mcconnell and boehner saying we're not raising taxes anymore. if the president responded with his own bravado saying we're going for a balanced approach, new revenues. nancy pelosi is adamant. dirk durbin is adamant they're going to go for more taxes. i think this is a great moment potentially for conservativ
in the meantime, this fiscal cliff discussion, i don't know if we've had a chance to talking to since then. i know i haven't. where do you stand on how the republicans did that deal and apparently now they're drawing a line in the sand against spending new tacks although nancy pelosi said the tax fight ain't over, yet we haven't talked about the spending problem. >> well, the point about the cliff or that belaboring the point, republicans lost ground in the house. they lost seats in the...